Tencent Music Entertainment Group (TME) — Cash Flow Reinvestment Rate

Latest as of September 2025: 0.34x

Tencent Music Entertainment Group (TME) has a Cash Flow Reinvestment Rate of 0.34x as of September 2025, reinvesting $1.24 Billion (capex $0.00 plus investments $-1.24 Billion) from operating cash flow of $3.68 Billion. See Tencent Music Entertainment Group free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

0.34x
(Capex + Investments) / Operating CF

Total Reinvested

$1.24 Billion
Capex + Investments

Operating Cash Flow

$3.68 Billion
USD

Capital Expenditures

$0.00
USD

Tencent Music Entertainment Group Cash Flow Reinvestment Rate (2016–2024)

Historical reinvestment intensity for Tencent Music Entertainment Group across 9 annual periods. For the full cash flow conversion analysis, see cash efficiency ratio of Tencent Music Entertainment Group.

Annual Cash Flow Reinvestment Rate for Tencent Music Entertainment Group (2016–2024)

Year-by-year capital reinvestment analysis for Tencent Music Entertainment Group. See Tencent Music Entertainment Group financial flexibility index to measure the company's free cash flow as a share of total liabilities.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2024 0.76x $7.85 Billion $10.28 Billion $1.03 Billion ▲ +85.2%
2023 0.41x $3.03 Billion $7.34 Billion $1.16 Billion ▲ +23.5%
2022 0.33x $2.50 Billion $7.48 Billion $1.05 Billion ▼ -80.0%
2021 1.67x $8.76 Billion $5.24 Billion $2.76 Billion ▼ -44.5%
2020 3.01x $14.71 Billion $4.88 Billion $501.00 Million ▲ +122.5%
2019 1.35x $8.39 Billion $6.20 Billion $286.00 Million ▲ +471.2%
2018 0.24x $1.33 Billion $5.63 Billion $144.00 Million ▲ +77.3%
2017 0.13x $334.00 Million $2.50 Billion $77.00 Million ▼ -78.3%
2016 0.62x $537.00 Million $873.00 Million $41.00 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow